2230 Lake Shore Boulevard Unit 308, Toronto W06

Price: $545,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W14109362

We've got the condo market cornered with this one. A 3-bed, 2-bath corner suite facing both the lake and Mimico Creek, with parking and a same-floor locker. Wrapped in nature and freed from the confines of the city, this unit truly stands out. Its rare position in the building delivers extra-tall ceilings and a height that sits just above the treetops: high enough to feel the quiet and catch the lake, not so high you start feeling nervous. Step inside and the foyer makes its case right away: double closets and actual room for a bench. Rare. Follow the light wood floors into the grand great room. Agents throw around "stunning," but this view, these ceilings, and this much natural light will genuinely make you pause. A defined kitchen with eat-in island, a full dining area, and a generous living room mean you can retire the condo-sized furniture. This is real luxury living, all wrapped by a balcony with multiple walkouts and more views than you'll know what to do with. The principal bedroom fits a king bed and a work-from-home setup with ease, plus its own walkout to the terrace, a full walk-in closet, and an ensuite with stand-up shower. Ooh la la, but for real. Over in the bedroom wing, bedroom two is large and offers double closets with unobstructed views of Mimico Creek. Feeling good. Past the super-sized second 4 bath with tub (you'll see what I mean LARGE), finished in clean, on-trend neutrals, is bedroom three. This bedroom was once a den, now a true bedroom, with a glass door pulling in natural light and a closet housing private laundry. Use it as a studio, nursery, guest room: you name it. This one's a diamond if you ask me. Great building amenities, surrounded by trails, transit, the LCBO, shopping, the waterfront, and yacht clubs, all within walking distance of Mimico GO.

2230 Lake Shore Boulevard Unit 308 - Condo photo 1 of 40 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing
1/40

$545,000 - 2230 Lake Shore Boulevard Unit 308, Liberty Village

Condo for Sale in Liberty Village

New — Listed yesterday

Neighbourhood: Mimico

3Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
W14109362
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Taxes (2026)
$3,445
Maintenance Fees
$906/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

We've got the condo market cornered with this one. A 3-bed, 2-bath corner suite facing both the lake and Mimico Creek, with parking and a same-floor locker. Wrapped in nature and freed from the confines of the city, this unit truly stands out. Its rare position in the building delivers extra-tall ceilings and a height that sits just above the treetops: high enough to feel the quiet and catch the lake, not so high you start feeling nervous. Step inside and the foyer makes its case right away: double closets and actual room for a bench. Rare. Follow the light wood floors into the grand great room. Agents throw around "stunning," but this view, these ceilings, and this much natural light will genuinely make you pause. A defined kitchen with eat-in island, a full dining area, and a generous living room mean you can retire the condo-sized furniture. This is real luxury living, all wrapped by a balcony with multiple walkouts and more views than you'll know what to do with. The principal bedroom fits a king bed and a work-from-home setup with ease, plus its own walkout to the terrace, a full walk-in closet, and an ensuite with stand-up shower. Ooh la la, but for real. Over in the bedroom wing, bedroom two is large and offers double closets with unobstructed views of Mimico Creek. Feeling good. Past the super-sized second 4 bath with tub (you'll see what I mean LARGE), finished in clean, on-trend neutrals, is bedroom three. This bedroom was once a den, now a true bedroom, with a glass door pulling in natural light and a closet housing private laundry. Use it as a studio, nursery, guest room: you name it. This one's a diamond if you ask me. Great building amenities, surrounded by trails, transit, the LCBO, shopping, the waterfront, and yacht clubs, all within walking distance of Mimico GO.

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Estimate your monthly payments for this property

Estimated Payment

$2,796.13/mo

Includes CMHC insurance ($15,206)

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5-yr fixed avg.

Principal: $490,500Interest: $333,134
Mortgage Amount$505,706
Total Interest$333,134
Est. Property Tax$386/mo
Total Cost$838,840

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • •Lake Ontario waterfront access and trail
  • •Revitalised village atmosphere with new development
  • •Mimico GO Station for fast downtown commuting
  • •Mix of new condominiums and character homes
  • •Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • •Mimico GO Station on the Lakeshore West line
  • •TTC 501 Queen streetcar
  • •Lakeshore West GO line to Union Station
  • •Easy access to Gardiner Expressway

Parks & Amenities

  • •Humber Bay Park
  • •Mimico waterfront trail
  • •Amos Waites Park
  • •Mimico Centennial Library
  • •Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

2230 Lake Shore Boulevard Unit 308, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$906
Property Tax (est.)-$386
Insurance (est.)-$114
Net Cash Flow+$1,274

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $606/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $906/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2230 Lake Shore Boulevard Unit 308 | $545,000 | Battaglia Team